Rule 17f-2(a): Fingerprinting Requirements for Securities Professionals

ICR 201509-3235-003

OMB: 3235-0034

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-10-21
IC Document Collections
IC ID
Document
Title
Status
34097
Modified
ICR Details
3235-0034 201509-3235-003
Historical Active 201208-3235-009
SEC TM-3235-0034
Rule 17f-2(a): Fingerprinting Requirements for Securities Professionals
Extension without change of a currently approved collection   No
Regular
Approved without change 12/08/2015
Retrieve Notice of Action (NOA) 10/21/2015
  Inventory as of this Action Requested Previously Approved
12/31/2018 36 Months From Approved 12/31/2015
300,700 0 550,000
150,350 0 275,000
0 0 0

Rule 17f-2(a) requires that all securities personnel be fingerprinted. This requirement serves to: (1) identify security risk personnel; (2) allow employers to make fully informed employment decisions; and (3) deter possible wrongdoers from seeking employment in the securities industry. Partners, directors, officers, and employees of exchanges, broker-dealers, transfer agents, and clearing agencies are included.

US Code: 15 USC 78a et seq. Name of Law: Securities & Exchange Act of 1934
  
None

Not associated with rulemaking

  80 FR 46362 08/04/2015
80 FR 61540 10/13/2015
No

1
IC Title Form No. Form Name
Fingerprinting Requirements

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 300,700 550,000 0 0 -249,300 0
Annual Time Burden (Hours) 150,350 275,000 0 0 -124,650 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The total annual hourly burden has been reduced from 275,000 hours to 150,350 hours due to a decrease in the estimate of number of fingerprints taken each year pursuant to Rule 17f-2(a).

$3,900
No
No
No
No
No
Uncollected
Mark Saltzburg 202 551-5593

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/21/2015


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